XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash investments $ 1,032 $ 1,351
Receivables 1,174 933
Prepaid expenses and other 107 107
Assets held for sale 98 100
Inventories:    
Finished goods 408 368
Raw material 261 266
Work in process 94 92
Inventories 763 726
Total current assets 3,174 3,217
Property and equipment, net 1,294 1,326
Goodwill 1,891 1,894
Other intangible assets, net 150 151
Other assets 182 184
Assets held for sale 88 103
Total assets 6,779 6,875
Current liabilities:    
Notes payable 206 206
Accounts payable 863 788
Accrued liabilities 714 823
Liabilities held for sale 43 45
Total current liabilities 1,826 1,862
Long-term debt 3,421 3,422
Deferred income taxes and other 1,037 1,053
Liabilities held for sale   4
Total liabilities 6,284 6,341
Commitments and contingencies      
Masco Corporation's shareholders' equity:    
Common shares, par value $1 per share Authorized shares: 1,400,000,000; issued and outstanding: 2013 - 349,100,000; 2012 -349,000,000 349 349
Preferred shares authorized: 1,000,000; issued and outstanding: 2013 - None; 2012 - None      
Paid-in capital   16
Accumulated deficit (103) (102)
Accumulated other comprehensive income 36 59
Total Masco Corporation's shareholders' equity 282 322
Noncontrolling interest 213 212
Total equity 495 534
Total liabilities and equity $ 6,779 $ 6,875